Associate Financial Advisor

Moors and Cabot, Inc.; Alexandria (VA); Hybrid; USD 55,000 - 150,000; Full time

Job summary

Moors & Cabot is seeking an Associate Financial Advisor in Alexandria, VA. This full-time role involves managing client portfolios, developing financial plans, and providing high-quality service. Candidates should have relevant experience and licenses, with a passion for financial markets. Flexible work arrangements are available.

Benefits

Employer paid Short & Long Term Disability

401k plans

PTO: Unlimited

Flexible Work Schedule

Qualifications

• 5+ years of relevant experience within Financial Services.
• FINRA SIE, Series 7 and 66 (63 / 65) licensed.

Responsibilities

• Continuously monitor clients' financial situations with detail and accuracy.
• Develop and implement financial planning solutions for clients.
• Build, maintain, and update client databases and financial plans.

Skills

Financial Planning

Portfolio Management

Client Communication

Risk Management

Analytical Skills

Education

Bachelor's Degree in Business

Bachelor's Degree in Finance

Tools

Microsoft Office Suite

Google Suite

Financial Planning Software

Job description

Moors & Cabot is seeking a motivated individual to support the construction and ongoing management of client portfolios and financial plans within an existing practice of approximately $240M of assets under management and producing approximately $1M+ in revenue in our Alexandria, VA branch. Focal points will include security analysis, trading, client communications, and servicing of existing relationships.

Role Description

The Associate Financial Advisor position at Moors & Cabot has a mission to competitively deliver the highest quality service to clients in order to help them achieve their financial goals. The AFA will join an established and successful practice as a partner to help grow, service, and maintain a portion of the book of business. This role will also have the responsibility of servicing their own book they bring over to the firm. Ultimately, this is an outstanding opportunity to grow your own business while working with an experienced, passionate, knowledgeable and high producing advisor.

A successful Associate Financial Advisor will align their business practices with the team they are supporting as well as with the Moors & Cabot core values of Integrity, Initiative, Service is Personal, One Team, and Communication. By building relationships with regular communications, providing personalized experiences and proactive problem solving the Associate Financial Professional can have a profound impact on the growth of the team.

This full-time role reports to their respective Branch Manager. Normal working hours are Monday - Friday 8 : 30 AM to 5 : 00 PM EST. Moors & Cabot offers multiple flexible work arrangements for its employees : remote, hybrid and in-office. This role is eligible for any of these arrangements depending on proximity to a branch and needs.

Role Responsibilities

• Continuously monitor clients' financial situations with detail and accuracy such as monitoring portfolio transactions, and addressing client portfolio inquiries
• Develop and implement financial planning solutions for clients and perform complex research and financial analysis related to those solutions
• Support the team's existing client base through portfolio management and individualized client service models
• Build, maintain, and update client databases and financial plans
• Perform research for client portfolios using various software tools
• Create and prepare detailed portfolio reviews, security analysis, and client delivery presentations for meetings
• Keep up-to-date with the latest tax regulations and industry trends
• Understand the clients' risk tolerance and develop strategies to minimize risk
• Maintain professional licensure and certifications
• Document and execute money moves - trades, deposits, ACH, wires, withdrawals, rollovers, etc.
• Maintain working relationships with other business functions to ensure seamless business practices and troubleshoot problems when they arise
• Adhere to and keep up to date on Compliance and firm policies
• Ensure and maintain good standing with all FINRA / SEC rules and regulations including licensure and continuing education requirements, if applicable

Key Measurements

• Maintain and grow client relationships and book of business
• Ability to meet performance goals annually
• Negating or limiting compliance complaints
• 5+ years of relevant experience within Financial Services
• FINRA SIE, Series 7 and 66 (63 / 65) licensed
• Bachelor's Degree or higher in Business, Finance, or related field
• A passion for financial markets
• Strong understanding of financial planning, portfolio management, and fiduciary investing concepts
• Prior experience with Financial Planning software
• Confident in using Microsoft Office Suite and Google Suite
• Comfortable taking initiative and being part of a team environment
• Ability to sit for long periods of time and lift up to 10 pounds

Preferred Requirements

• Portable assets of $10-20M+
• Experience with RBC, AOS, Nexus Trading, RedTail, RedOak, Wealthbox, Addepar, RightCapital, RiskAlyze, and MoneyGuidePro

About Us

Since its founding in 1890, Moors & Cabot and its people have defined the meaning of financial services. The firm has participated in the retail sale of stocks and bonds to individuals and the institutional sale of stocks and bonds to most of Boston's money management firms. In addition to specializing in wealth management through full service registered representatives, Moors & Cabot offers investors additional investment tools such as cash management accounts, retirement planning, mutual funds, annuities and other insurance products.

Moors & Cabot is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

We utilize the Department of Homeland Security's employee authorization program, E-Verify. E-Verify confirms employment eligibility by comparing the employee's Form I-9 information entered in E-Verify by the employer with the information in records available to SSA and / or DHS.

• Employer paid Short & Long Term Disability and Basic Life Insurance
• Supplemental Life insurance for employee, spouse, and dependents
• 401k plans
• Flexible Spending Accounts
• Critical Illness & Accident insurance
• Employee Discount Programs
• Employee Assistance Programs
• Identity Theft Protection Insurance
• PTO : Unlimited
• Flexible Work Schedule

Compensation

• Compensation and commission structure to support early career development

Total Target Compensation Range : $55,000 - $150,000

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Associate Financial Advisor • Alexandria, VA, United States